Innovation and Small Business by Brychan Thomas, Christopher Miller, et al - HTML preview

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Introduction

Uyarra (2005) has investigated theoretical issues and empirical evidence of regional innovation strategies with regard to knowledge, diversity and regional innovation policies. The development of concepts

concerning regional innovation has led to the new regionalist literature (Lovering, 1999) and to models of territorial innovation (Moulaert and Sekia, 1999). Such concepts include regional innovation systems, the triple helix, innovative milieu, technological districts and learning regions (Uyarra, 2005). Here there are concerns on the use of concepts including regional innovation systems to study declining economies, rural areas and peripheral regions (Doloreux, 2002; Asheim and Isaksen, 2002). It is concluded that it is rare to identify the requisite aspects for a regional system of innovation (Evangelista et al, 2002). In terms of increasing globalisation it appears sensible for small businesses to use support for their own innovation goals (Cooke, 2001) whether or not the support comes from outside or within a region (Uyarra, 2005).

Small Business Innovation Networks

It has been shown that networking is a time-consuming and demanding activity with opportunity costs for small businesses with limited resources (Rothwell, 1994). Accordingly, there is a need to enable small businesses to overcome innovation-related disadvantages associated with networking. Since this has

become a key feature of industrial innovation this increases the small businesses innovatory capabilities.

Negative and positive aspects of networks need to be noted since, for example, ICT systems carry dangers as well as opportunities for small businesses, especially where industry-wide operating standards lock them into large networks.

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Innovation and Small Business: Volume I